However, you could get a tax deduction if you redeemed your rewards for cash back and used that money to make a separate donation. Contributions are irreversible. For the most part, points and miles donations are final. So before you fork over your entire rewards balance, make sure you’ve...
It only matters if you itemize your tax return and don’t take the standard deduction. Instead, if you used a cash-back credit card for rewards and made a separate cash donation, that would also be deductible. » MORE: What to know before donating points and miles to charity 5. It ...
Your contribution to us in the form of a watercraft is eligible for a tax deduction. You will be provided with form 1098-C which will enable you to avail of this tax benefit. International Relief for Orphans and Third World Children. ...